originally posted by: eXia7
The whole point in life is to try and pay as little tax as you can. Just because the government is so bloated and filled with waste, doesn't mean I
work hard JUST so I can pay taxes.
No it's not. If that were the point, then the real point in life is to not work. If you have no income, you have nothing to tax and you could even
get money back.
Isn't your definition of life saying that the real point is to live on welfare?
originally posted by: DAVID64
Wait a minute....Trump did exactly what every American does, tries like Hell to find a way to pay as little tax as possible....and people want to
bitch? Did YOU file a tax return this year? Did you itemize and take every deduction you were allowed? Or did you just give it all to Uncle Sam?
If you didn't, you're a hypocrite for thinking Trump did anything wrong.
Well, if you're calling people hypocrites then I pass the bar because I never take deductions, and I always pay an extra 10%. The country would be in
a much better spot if we all did the same.
However, what you're getting at is that Trump lived the dream of using the tax laws to pay nothing. Sometimes that dream is better off left as a
dream, kind of like what would happen if the average American became ruler of the world. It's a fun dream but it would probably be disastrous in
reality. The real problem isn't that what he did is illegal either (though it may have been, we'll have to wait and see). It's that our system is
set up on taxing the wealthy, due to income inequality no one else has a large enough share of income to contribute meaningfully to the tax base.
When the wealthy dodge their taxes, it multiplies and requires the middle class to pay a much larger share in order to make up the lost income.
Let me explain with some simple numbers. In this sample scenario there's a GDP of $1000 spread among 1000 people, and the percentages roughly
correlate to how our current tax base breaks down.
Person #1 makes $350
#2-#5 make $250 ($62.50 each)
#6-#20 make $300 ($20.00 each)
#21-#50 make $99 ($3.30 each)
#51-#100 make $1 ($0.01 each)
When #1 dodges paying his 20%, that's $70 that have to be made up elsewhere in the system.
51 and below simply don't have the assets to tax, 6-20 are upper middle class and where the tax burden then falls. When they have to make up that $70
missing from the system, each ends up paying $2.33 in additional tax, that's an extra 11.67% out of their paychecks.
THAT is the problem with Trump dodging his taxes. It may be legal, but in doing so he is stealing money directly from the people we're most trying to
support. The honest hard working people who have seen success.
So no, I'm not a hypocrite, and I fully understand why Trump and people like him not paying taxes is a big deal. When someone in the bottom 70% saves
20% on their taxes it's still only saving 20% out of 10% of the total tax burden, or in other words it's only a 2% reduction (and you're kidding
yourself if you don't think they account for that when setting the tax rates... taxes are designed to bring in $x revenue after deductions). When
people like Trump don't pay it's taking away from a much larger share of the pool.